$JUNGLE Evolves: Introducing the $JNGL Tax Token and the Next Chapter of TokenJungle

TokenJungle is stepping boldly into the future. With a fresh upgrade to the SPL Token-2022 standard, $JUNGLE is evolving into a tax-enabled token – $JNGL – offering stronger tokenomics, increased holder incentives, and a market-ready foundation built for long-term growth.

This is more than just a technical update. It’s a strategic shift that rewards holders, boosts visibility, and opens the door to new opportunities in the Solana ecosystem​.

Why Are We Upgrading to a Tax Token?

After careful consideration and a vote by major stakeholders and community members, TokenJungle is upgrading to the SPL Token-2022 standard to enable tax-based features that will fuel long-term utility and community benefits. Here’s why the transition makes sense now:

• Higher market cap: The $JNGL tax token is expected to launch with a starting market cap of $200k+, given all the reasons listen in $JNGL pdf document.
• Better token identity: With the official $JNGL ticker, we eliminate confusion and avoid being mistaken for copycat projects​.
• Easier listings and verifications: Improved structure simplifies listing on CoinGecko and Phantom Wallet, boosting visibility and credibility​.
• More decentralized supply: A single wallet previously held 10% of the supply. Post-upgrade, that will be halved to reduce concentration risk​.
• Stronger supply control: The new system gives the team more flexibility to manage token circulation and reduce sell pressure.
• Incentives to hold: $JNGL holders with 25,000 tokens or more will receive automatic tax-based rewards every 15–30 minutes​.
• Reduced swing trading: The 5% tax discourages short-term trading, helping stabilize prices and support organic growth.
• Sustainable marketing model: 50% of all tax revenue will fund marketing efforts to expand awareness of TokenJungle and its tool ecosystem​.
• Real utility from day one: Unlike many new launches, $JNGL will debut with functional tools, an engaged community, and a forward-looking roadmap.
• Ecosystem-ready: Boost tools will remain ready to use for $JNGL token, aside from Volume Boost, which is not recommended due to tax implications on every transaction​.

Token Taxation and Auto Distribution

The $JNGL upgrade introduces a 5% tax on every transaction, whether it’s a buy, sell, or even a transfer between your own wallets​. Here’s how it’s allocated:

• 50% of all collected tax is automatically distributed to holders with 25,000 or more $JNGL tokens, proportionally based on their holdings.
• The remaining 50% goes directly into ongoing marketing initiatives.
• Payouts to eligible holders occur every 15–30 minutes in $JNGL tokens.
• Only tokens purchased before the official announcement on 2025/03/26 at 3 PM GMT+2 are eligible for the swap. Any tokens bought after that time will not qualify​.

Liquidity: Rebuilding a Healthier Foundation

Since Raydium doesn’t support direct liquidity pool migration, TokenJungle is rebuilding its pool from the ground up.

The upgrade’s total cost is estimated between $25,000–$30,000 and covers a new liquidity pool, platform updates, dev work, and initial marketing​.

• 25% of the token supply will fund the new liquidity pool directly.
• 50% of supply is allocated for current $JUNGLE holders to swap into $JNGL at a 2:1 ratio.
• 25% will be reserved for the team to ensure consistent development and scaling​.
• Additionally, 4% of all tool-generated profits will be funneled into the liquidity pool monthly, reinforcing trading depth and price stability over time.
• Community contests and rewards: 3% of all profits generated from Jungle tools will be set aside as “Jungle Treasures” fueling exciting monthly contests and giveaways.
• Strategic buybacks and burns: An additional 3% of tool-generated profits will be used to buy back and burn $JNGL, driving scarcity and reinforcing the token’s long-term strength.

This ongoing reinforcement makes $JNGL not just another Solana token, it becomes a self-sustaining ecosystem powered by both usage and community.

How to Swap to $JNGL

Transitioning to the new token is easy and only takes a few steps:

1. Go to: https://tools.tokenjungle.io/swap
2. Connect your wallet (Phantom or Solflare)
3. Click “Swap”
4. Your old $JUNGLE tokens will be collected, sold, and $JNGL will be sent at a 2:1 ratio
5. Confirm the transaction in your wallet

Reminder: After the April 3 launch, a 5% fee will apply to all swaps, so early swapping is encouraged.

Final Thoughts: We Bullish. LFG.

With enhanced rewards, rebuilt liquidity, and a battle-tested community, the $JNGL tax token upgrade represents a major evolution for TokenJungle. This isn’t just about tech – it’s about building a vibrant, sustainable, and rewarding ecosystem that lasts.

TokenJungle is ready for the next chapter. Are you?